1 / 10

Grand Rapids Community College MNJTP Process

Grand Rapids Community College MNJTP Process. A Michigan Community College Association Presentation May 12, 2010. Eric Williams Mary Hofstra. Start Up Concerns. Innovating while Implementing Internal Systems Client Systems Key Success Partners Mary Hofstra !!!!! Economic Developers

kirby
Télécharger la présentation

Grand Rapids Community College MNJTP Process

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Grand Rapids Community CollegeMNJTP Process A Michigan Community College Association Presentation May 12, 2010 Eric Williams Mary Hofstra

  2. Start Up Concerns • Innovating while Implementing • Internal Systems • Client Systems • Key Success Partners • Mary Hofstra !!!!! • Economic Developers • MEDC • Michigan Works • Others • Be Flexible…Be Creative…Be Right

  3. Pay Forward Model • Met Legislative Legal Test • College attorneys vetted process thoroughly • Bond is to ensure legality of diverting taxes • Met Intention of Legislation • Incentive to create new jobs • To support employer workforce development • Met Treasury Department Review

  4. Client Response • No need for lien ….Yeah !! • Workforce needs training so lets work together to figure it out. • Upfront investment may be substantial but they will recoup all of it over time. • So much easier than EJDT’s and Incumbent Worker Program. • No restrictions on what type of training could be done. • They see the money as their money and not state dollars.

  5. Key Questions to Consider • How to track new jobs especially when workers are transferring internally? Or track costs when incumbent workers participate in training? • How to set up payment options for an employer? Pay invoices as they come in? Collect up front payments in chunks? Other? • What key Employer players need to be in initial discussions? HR? Finance? Sr. Mgmt.? • How to get employers to keep the College in the loop with internal training? • How to determine if training is based on sustainable growth or is project related?

  6. Unexpected Surprises • Necessity for Bonding • Difficulties with drafting & costing out a comprehensive long-term training plan • Thinking through a tracking data system • Complexities of Pay Forward Model • How and who to pay invoices • How to chunk out bond • How to help employers forget about EDJTs • How to help employers set up accounting books • Lots of other stuff

  7. GRCC MNJTP Prepay Model Employer Employer hires new employees Contracts thru GRCC to train new employees Employer pays employees GRCC & Employer draft training plan Employer withholding sent to GRCC; not State Employer prepays GRCC for first installment GRCC remits quarterly to employer for prepayments GRCC cuts bond equal to prepayment – admin costs Payments continue until first installment is paid

  8. Partnerships • Cross Departmental Partnerships • Finance • Training Solutions • Economic Development • Internal Communication Opportunities • Leadership (Administrative & Board) • College-wide • Attorney Partnerships • Miller Canfield • Client Legal Representative • Economic Development Partnerships • Lakeshore Advantage • The Right Place • MEDC • Michigan Works

  9. Some Lessons Learned • Employers think its too good to be true • Work on tracking project data can be overwhelming • Agreement and Training Plan are separate initiatives • Probably will need to hire help if state cap is raised • Role of College is elevated in eyes of employers and economic developers • Lots of work but lots of fun

More Related